With the start of August, some money rules related to your daily life are going to change. These include changes in UPI transactions, credit card benefits, cooking gas prices, and loans. All these changes can affect your pocket. Let’s see what is going to change from 1 August 2025.
1. New Rule for UPI Users
If you make UPI payments every day or check your balance many times, you may need to change this habit. Now, you can check your balance only 50 times a day from a UPI app. You can see bank details linked to your mobile number only 25 times a day.
Also, automatic payments (like Netflix, SIP, etc.) will now happen only in 3 time slots:
Before 10 AM
Between 1 PM to 5 PM
After 9:30 PM
This change will reduce the load on the UPI network and help avoid failed transactions.
2. Bad News for SBI Credit Card Users
If you have SBI’s ELITE or PRIME co-branded credit card, a big change is coming. From August 11, the benefit of air accident insurance will stop. Earlier, these cards offered insurance cover from ₹50 lakh to ₹1 crore. This change will affect cards linked to UCO Bank, Allahabad Bank, and Central Bank.
3. Domestic Gas Cylinder Prices May Change
The price of LPG cylinders changes on the first of every month. In July, commercial cylinder prices were reduced by ₹60, but domestic cylinder prices stayed the same. On August 1, LPG prices may increase or decrease, which could affect your kitchen budget.
4. Watch Out for CNG and PNG Prices
If you use CNG for your vehicle or PNG at home, this update is for you. Gas prices have not changed since April 2025. On August 1, gas companies will review the rates. There could be an increase or a decrease in prices.
5. Will EMI Get Cheaper? RBI Will Decide
The RBI will hold its monetary policy meeting from August 4 to 6. If the repo rate is reduced, then EMIs for home loans, car loans, and personal loans may also come down. Loan takers can get some relief.